Meson Valves India Limited (BSE SME)
September 8, 2023 – September 12, 2023
| Price | ₹102 - ₹102 |
| Premium | ₹97 |
|---|---|
| Lot size | 1200 |
| Allotment | Sep 15, 2023 |
| Listing | Sep 21, 2023 |
Meson Valves India Limited
Plot No. L-45, First Floor,
Software Technology Park, Verna Industrial Estate,
Salcete, Verna - 403722
Phone: 08322954198
Email: investor@mvi.ltd
Website: https://mvi.ltd/
Last updated on 12 Sep 2023 | 05:58:31 PM
| Category | Offered | Applied | Times |
|---|---|---|---|
| HNIs | 14,46,000 | 20,87,97,600 | 144.4 |
| Retail | 14,46,000 | 29,35,66,800 | 203.02 |
| Total | 28,92,000 | 50,23,64,400 | 173.71 |
| Category | Lot(s) | Qty | Amount | Reserved |
|---|---|---|---|---|
| Retail | 1 | 1200 | 122400 | 0 |
| HNI | 2 | 2400 | 244800 | 0 |
Incorporated in 2016, Meson Valves India Limited, previously known as Sander Meson India Private Limited, is a supplier of valves, actuators, Strainers, and remote-control valve systems to industries both in domestic and international markets.
Meson Valves India is engaged in the business of assembling, buying, selling, distributing, importing, exporting, or otherwise dealing in products like valves, actuators, remote control systems, control cabinets, tanks, visualization systems, piping, pumps, fittings, gaskets, flanges, and measurement devices. It also deals in the installation, maintenance, servicing, or otherwise handling of equipment and services that control and manage all products like valves, actuators, remote control systems, control cabinets, tanks, visualization system, piping, pumps, fittings, gaskets, flanges, and measurement devices.
The company's manufacturing unit is located in Bhamboli, Khed, Pune, Maharashtra. It procures products for further assembly and supply from countries like Denmark, Germany, Poland, South Korea, Netherlands, Sweden, Turkey, and the United Arab Emirates, and in the domestic market, from states such as Goa, Gujarat, Maharashtra, Karnataka, Tamilnadu, Andhra Pradesh, Dadra and Nagar Haveli, Delhi and Telangana.
Meson Valves India has two main business divisions: (i) domestic sales; and (ii) exports. The company has its presence in Andhra Pradesh, Assam, Goa, Gujarat, Kerela, Maharashtra, Tamil Nadu, Telangana, Uttar Pradesh, West Bengal, and Karnataka states for the domestic market based on sales made for the year ended March 31, 2023, 2022 and 2021. Internationally it supplies products in countries such as Germany, South Korea, Oman, Russia, Sweden, United Arab Emirates, Srilanka, Qatar, and Thailand.
Meson Valves India IPO Details
Meson Valves India IPO is a Fixed Price Issue. The IPO total issue size is Rs 31.09 Cr. The Meson Valves India IPO price is ₹102 per share. The IPO will list on BSE SME.
| Issue Size | 3,048,000 shares (aggregating up to ₹31.09 Cr) |
| Fresh Issue | 3,048,000 shares (aggregating up to ₹31.09 Cr) |
| Issue Type | Fixed Price Issue IPO |
| Listing At | BSE SME |
| Share holding pre issue | 7,112,062 |
| Share holding post issue | 10,160,062 |
| Market Maker portion | 156,000 shares Shreni Shares |
Meson Valves India IPO Reservation
| Other Shares Offered | 50% of the net offer |
| Retail Shares Offered | 50% of the net offer |
Company Financials
| Period | Mar 2021 | Mar 2022 | Mar 2023 |
| Assets | 2,105.58 | 2,738.78 | 4,509.01 |
| Revenue | 1,542.35 | 1,431.57 | 3,719.30 |
| Profit | 11.81 | 212.54 | 452.43 |
| Net Worth | 55.17 | 267.71 | 1,849.57 |
| Reserves | 48.17 | 260.71 | 1,157.32 |
| Borrowing | 918.26 | 923.93 | 1,124.16 |